| Pages | ||
|---|---|---|
| Trustees' Annual Report |
||
| Independent Examiner's Report |
||
| Statement of Financial Activities |
||
| Summary Income and Expenditure |
Account | |
| Balance Sheet | ||
| Notes to the Accounts | 9to 19 | |
| Detailed Statement of Financial Activities | 16to 17 |
| Statement of Financial Activiti for the year ended 31March |
es 2021 |
||||
|---|---|---|---|---|---|
| Unrestricte | Restricted | ||||
| d funds | funds | Total funds | Total funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| Notes | E | 6 | |||
| Income and endowments | |||||
| from: | |||||
| Donations and legacies |
918 | 918 | 57,719 | ||
| Charitable activities |
1,001 | 49,671 | 50,671 | 65,358 | |
| Total | 1,919 | 49,671 | 51,589 | 123,077 | |
| Expenditure on: |
|||||
| Charitable activities |
9,372 | 34,821 | 44,193 | 92,131 | |
| Other | 8,688 | 100 | 8,788 | 13,449 | |
| Total | 18,060 | 34,921 | 52,981 | 105,580 | |
| Net gains on investments | |||||
| Net (expenditure)/income | (16,141) | 14,749 | (1,392) | 17,497 | |
| Transfers between funds |
|||||
| Net (expenditure)/income before other gains/(losses) |
(16,141) | 14,749 | (1,392) | 17,497 | |
| Other gains and losses | |||||
| Net movement in funds |
(16,141) | 14,749 | (1,392) | 17,497 | |
| Reconciliation offunds: |
|||||
| Total funds brought forward |
22,060 | 8,806 | 30,866 | 13,369 | |
| Total funds carried forward | 5,919 | 23,555 | 29,474 | 30,866 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | |||||
| Income | 51,589 | 123,077 | |||
| Gross income for | the year | 51,589 | 123,077 | ||
| Expenditure | 52,887 | 105,455 | |||
| Depreciation | and | charges | for | ||
| impairment | offixed assets | 94 | 125 | ||
| Total expenditure | for the | year | 52,981 | 105,580 | |
| Net (expenditure)/income | before tax | ||||
| for the year | (1,392) | 17,497 | |||
| Net (expenditure | )/income for the year | (1,392) | 17,497 |
| at 31March 20 | 21 | 21 | 21 | 21 | |||
|---|---|---|---|---|---|---|---|
| Company No. |
06435795 | Notes | 2021 | 2020 | |||
| f | |||||||
| Fixed assets | |||||||
| Tangible assets | 10 | 282 | 376 | ||||
| 282 | 376 | ||||||
| Current assets | |||||||
| Cash at bank | and | in hand | 29,524 | 30,822 | |||
| 29,524 | 30,822 | ||||||
| Creditors: Amount | falling due within one year | 11 | (332) | (332) | |||
| Net current assets | 29,192 | 30,490 | |||||
| Total assets less | current | liabilities | 29,474 | 30,866 | |||
| Net assets excluding | pension asset or liability | 29,474 | 30,866 | ||||
| Total net assets | 29,474 | 30,866 | |||||
| The funds ofthe | charity | ||||||
| Restricted funds | 12 | ||||||
| Restricted income |
funds | 23,555 | 8,806 | ||||
| 23,555 | 8,806 | ||||||
| Unrestricted funds |
12 | ||||||
| General funds | 5,919 | 22,060 | |||||
| 5,919 | 22,060 | ||||||
| Reserves | 12 | ||||||
| Total funds | 29,474 | 30,866 |
| Republic o | f Ireland (FRS102)and the Companies Act 2006. |
f Ireland (FRS102)and the Companies Act 2006. |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Change in |
basis ofaccounting orto previous accounts |
|||||||||
| There has been no change to the accounting policies (valuation rules and method |
ofaccounting) | since | ||||||||
| last year and no changes have been made to accounts for previous years. |
||||||||||
| Fund accounting | ||||||||||
| Unrestricted funds |
These are available for use at the discretion ofthe trustees | in furtherance | of | the | ||||||
| general objects ofthe charity. | ||||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular | purposes. | ||||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | ||||||
| restatement ofinvestment assets at their market values. |
||||||||||
| Restricted | funds | These are available for use subject to restrictions imposed |
by the donor | or | through | |||||
| terms ofan appeal. | ||||||||||
| Income | ||||||||||
| Recognition | of | Income is included in the Statement of Financial Activities |
(SoFA) when | the | charity | |||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the | amount of | |||||||
| the income can be measured with sufficient reliability. |
||||||||||
| Income with related | Where income has related expenditure the income and |
related expenditure | is | |||||||
| expenditure | reported gross in the SoFA. |
|||||||||
| Donations | and | Voluntary income received by way of grants, donations and gifts is included |
in | the | ||||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | ||||||||
| entitlement to the income. |
||||||||||
| Tax reclaims on |
Income from tax reclaims is included in the SoFA at the same time as the |
|||||||||
| donations | and gifts | gift/donation to which it relates. |
||||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
|||||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | |||||||
| material. | ||||||||||
| Volunteer | help | The value ofany volunteer help received is not included |
in | the accounts. | ||||||
| Investment | income | This is included in the accounts when receivable. |
||||||||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to market |
value | ||||||||
| revaluation | offixed | at the end ofthe year. | ||||||||
| assets | ||||||||||
| Gains/(losses) on |
This includes any gain or loss on the sale of investments. |
|||||||||
| investment | assets |
| VATING SUCCESS UK s to the Accounts |
VATING SUCCESS UK s to the Accounts |
||||||
|---|---|---|---|---|---|---|---|
| Expenditure | |||||||
| Recognition | of | Expenditure is recognised on an accruals |
basis. Expenditure includes |
any VAT | which | ||
| expenditure | cannot be fully recovered, and is reported |
as part ofthe expenditure | to which | it | |||
| relates. | |||||||
| Expenditure | on | These comprise the costs associated with |
attracting voluntary |
income, fundraising | |||
| raising funds | trading costs and investment management |
costs. | |||||
| Expenditure | on | These comprise the costs incurred by the |
Charity in the delivery ofits |
activities | and | ||
| charitable | activities | services in the furtherance of its objects, |
including the making | of | grants and | ||
| go ve rn ancecosts. | |||||||
| Grants payable | All grant expenditure is accounted for on |
an actual paid basis | pius | an | accrual for | ||
| grants that have been approved by the trustees at the end of |
the | year but not | yet | ||||
| paicl. | |||||||
| Governance | costs | These include those costs associated with |
meeting the constitutional | and statutory | |||
| requirements ofthe Charity, including any audit/independent |
examination fees, |
||||||
| costs linked to the strategic management | ofthe Charity, together | with a share |
of | ||||
| other administration costs. |
|||||||
| Other expenditure | These are support costs not allocated to a particular activity. |
| 3 Statement |
of F | inancial | Activities - prior year | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | |||||
| 2020 | 2020 | 2020 | |||||
| Income and endowments | from: | ||||||
| Donations | and | legacies | 57,719 | 57,719 | |||
| Charitable | activities | 48,693 | 16,665 | 65,358 | |||
| Total | 106,412 | 16,665 | 123,077 | ||||
| Expenditure | on: | ||||||
| Charitable | activities | 68,625 | 6,356 | 74,981 | |||
| Other | 29,935 | 664 | 30,599 | ||||
| Total | 98,560 | 7,020 | 105,580 | ||||
| Net income | 7,852 | 9,645 | 17,497 | ||||
| Net income before gains/(losses) |
other | 7,852 | 9,645 | 17,497 | |||
| Other gains and losses: | |||||||
| Net movement | in funds | 7,852 | 9,645 | 17,497 | |||
| Reconciliation | offunds: | ||||||
| Total funds brought | forward | 14,208 | (839) | 13,369 | |||
| Total funds carried | forward | 22,060 | 8,806 | 30,866 | |||
| 4 Income from donations |
and legacies | ||||||
| Unrestricted | Total | Total | |||||
| 2021 | 2020 | ||||||
| Donations | 918 | 918 | 949 | ||||
| Youth First | 56,770 | ||||||
| 918 | 918 | 57,719 |
| 5 | Income fro | m | charitable | ac | tivities | ||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| 2021 | 2020 | ||||||||
| Mentoring | and training | 1,001 | 49,671 | 50,671 | 65,358 | ||||
| 1,001 | 49,671 | 50,671 | 65,358 | ||||||
| 6 | Expenditure | on charitable | activities | ||||||
| Unrestricted | Restricted | Total | Total | ||||||
| 2021 | 2020 | ||||||||
| Expenditure | on charitable | ||||||||
| activities | |||||||||
| Mentoring | and training | 1,291 | 7,265 | 8,556 | 23,058 | ||||
| Wages and | Salaries | 7,231 | 27,556 | 34,787 | 68,223 | ||||
| Governance | costs | ||||||||
| Accountancy | 850 | 850 | 850 | ||||||
| 9,372 | 34,821 | 44,193 | 92,131 | ||||||
| 7 | Other expenditure | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| 2021 | 2020 | ||||||||
| Employee costs | 1,724 | 1,724 | 2,421 | ||||||
| Amortisation, | depreciation, | ||||||||
| impairment, | profit/loss | on | 94 | 94 | 125 | ||||
| disposai of | fixed assets | ||||||||
| General administrative | costs | 2,710 | 60 | 2,770 | 2,225 | ||||
| Legal and professional | costs | 4,160 | 40 | 4,200 | 8,678 | ||||
| 8,688 | 100 | 8,788 | 13,449 | ||||||
| 8 | Net (expenditure)/Income | before transfers | |||||||
| 2021 | 2020 | ||||||||
| This is stated | after charging: | E | |||||||
| Depreciation | ofowned | fixed assets | 94 | 125 | |||||
| 9 | Staff costs | ||||||||
| Pension costs | 1,724 | 2,421 | |||||||
| 1,724 | 2,421 |
| Cost or revaluation | Cost or revaluation | ||||
|---|---|---|---|---|---|
| At 1April 2020 | 2,817 | 2,817 | |||
| At 31March | 2021 | 2,817 | 2,817 | ||
| Depreciation | and | ||||
| impairment | |||||
| At 1April 2020 | 2,441 | 2,441 | |||
| Depreciation | charge for the | 94 | 94 | ||
| year | |||||
| At 31March | 2021 | 2,535 | 2,535 | ||
| Net book values | |||||
| At 31March | 2021 | 282 | 282 | ||
| At 31March | 2020 | 376 | 376 | ||
| 11 | Creditors: | ||||
| amounts falling due within one year |
|||||
| 2021 | 2020 | ||||
| f | E | ||||
| Trade creditors | 333 | 332 | |||
| Other taxes | and social security | (1) | |||
| 332 | 332 |
| Incoming | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| resources | At 31 | ||||||||
| (including | Resources | March | |||||||
| At 1April | other gains/losses |
expended | 2021 | ||||||
| 2020 | ) | ||||||||
| E | |||||||||
| Restricted funds: | |||||||||
| Restricted income funds: | |||||||||
| London Community |
|||||||||
| Rehabilitation | Company | ||||||||
| Rehabilitation | Company- | ||||||||
| Mentoring | 8,806 | 16,665 | (16,555) | 8,916 | |||||
| London Community | |||||||||
| Foundation | —Mental | Health | |||||||
| Rehabilitation | Company | 9,945 | (1,473) | 8,472 | |||||
| Metropolitan | —school's out | ||||||||
| 2020 | 14,385 | (14,385) | |||||||
| Metropolitan | —study | hub | 3,750 | (2,508) | 1,242 | ||||
| LSQ Health | and wellbeing | ||||||||
| project | 4,926 | 4,926 | |||||||
| Total | 8,806 | 49,671 | (34,921) | 23,555 | |||||
| Unrestricted | funds: | ||||||||
| General funds | 22,060 | 1,919 | (18,060) | 5,919 | |||||
| Revaluation | Reserves: | ||||||||
| Total funds | 30,866 | 51,589 | (52,981) | 29,474 | |||||
| 13 | Analysis ofnet assets | between | funds | ||||||
| Unrestricted | |||||||||
| Total | |||||||||
| funds | |||||||||
| E | |||||||||
| Fixed assets | 282 | 282 | |||||||
| Net current | assets | 29,192 | 29,192 | ||||||
| 29,474 | 29,474 | ||||||||
| 14 | Reconciliation | ofnet | debt | ||||||
| At 31 | |||||||||
| At 1April | March | ||||||||
| 2020 | Cash flows | 2021 | |||||||
| E | E | ||||||||
| Cash and cash | equivalents | 30,822 | (1,298) | 29,524 | |||||
| 30,822 | (1,298) | 29,524 | |||||||
| Net debt | 30,822 | (1,298) | 29,524 |
| Annual co |
mmitments under non-cancellable |
operating leases are |
as follows: | |||
|---|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | 2020 | |||
| Land and | Land and | |||||
| Other | Other | |||||
| buildings | buildings | |||||
| E | ||||||
| Operating | leases with expiry date: | |||||
| Pension commitments | ||||||
| 2021 | 2020 | |||||
| E | E | |||||
| The pension cost charge to the company | ||||||
| amounted | to: | 1,724 | 2,421 | |||
| 16 | Related party disclosures | |||||
| Controlling | party |
| Unrestricte | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| d funds | funds | Total funds | Total funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| E | E | E | |||||
| Income and endowments | from: | ||||||
| Donations and legacies |
|||||||
| Donations | 918 | 918 | 949 | ||||
| Youth First | 56,770 | ||||||
| 918 | 918 | 57,719 | |||||
| Charitable activities |
|||||||
| Mentoring and training |
1,001 | 49,671 | 50,671 | 65,358 | |||
| 1,001 | 49,671 | 50,671 | 65,358 | ||||
| Total income and endowments | 1,919 | 49,671 | 51,589 | 123,077 | |||
| Expenditure on: |
|||||||
| Charitable activities |
|||||||
| Mentoring and training |
1,291 | 7,265 | 8,556 | 23,058 | |||
| Wages and Salaries | 7,231 | 27,556 | 34,787 | 68,223 | |||
| 8,522 | 34,821 | 43,343 | 91,281 | ||||
| Governance costs |
|||||||
| Accountancy | 850 | 850 | 850 | ||||
| 850 | 850 | 850 | |||||
| Total of expenditure activities |
on | charitable | 9,372 | 34,821 | 44,193 | 92,131 | |
| Employee costs | |||||||
| Pension costs | 1,724 | 1,724 | 2,421 | ||||
| 1,724 | 1,724 | 2,421 | |||||
| General administrative | costs, | ||||||
| including depreciation |
and | ||||||
| amortisation | |||||||
| Depreciation of |
94 | 94 | 125 | ||||
| Bank charges | 194 | 194 | 139 | ||||
| General insurances | 758 | 758 | 102 | ||||
| Telephone, fax and broadband |
1,758 | 60 | 1,818 | 1,984 | |||
| 2,804 | 60 | 2,864 | 2,350 | ||||
| Legal and professional | costs | ||||||
| Accountancy and bookkeeping |
1,650 | 40 | 1,690 | 6,154 | |||
| Consultancy fees |
1,510 | 1,510 | 1,524 | ||||
| Other legal and professional cos'ts |
1,000 | 1,000 | 1,000 | ||||
| 4,160 | 40 | 4,200 | 8,678 | ||||
| Total ofexpenditure | of | other costs | 8,688 | 100 | 8,788 | 13,449 | |
| Total expenditure | 18,060 | 34,921 | 52,981 | 105,580 | |||
| Net gains on investments |
| Net (expenditure)/income | (16,141) | 14,749 | (1,392) | 17,497 | |
|---|---|---|---|---|---|
| Net (expenditure)/income other gains/(losses) |
before | (16,141) | 14,749 | (1,392) | 17,497 |
| Other Gains | |||||
| Net movement in funds |
(16,141) | 14,749 | (1,392) | 17,497 | |
| Reconciliation offunds: |
|||||
| Total funds brought forward | 22,060 | 8,806 | 30,866 | 13,369 | |
| Total funds carried forward | 5,919 | 23,555 | 29,474 | 30,866 |